Danavation Technologies Corp C.DVN

….. any ideas?

[marinusmakemusi]

Anyone know whats going on? We're down at $0.06 today. Great buying opportunity if we're going to remain in business. Hopefully companies are buyinh into the North American service proposition otherwise the overseas manufacturers will win the fight. Still an early market so those discount solution could still need some time to mature. 

I would love any additional perspective. Thanks!

[PaperBoi222]

Lots of Penny stocks getting hammered.  They just completed  at least 1 of the Greco store installations. Last week So I'm assuming they are working on new installs and completing ones already in the order book. Very High Risk  with a potential High Reward.. the reason most have rolled the dice have this  stock in portfolios.  Cheers PB

[lscfa]

Slide 15 suggests stores save $3,123/month by using Danavation PAAS but Danavation charges $60,000+ for installation/setup so the payback period is 2 years. This may be why stores are slow to adopt.  https://danavation.com/wp-content/uploads/2023/08/August-2023-Danavation-Investor-Deck-F.pdf  

[lscfa]

p.s. The $73,000 in labour that a store saves over a year is replaced by paying Danavation an upfront setup fee of ~ $60,000 that low margin retail stores like grocers can't afford. Danavation should allow stores to pay the install fee in instalments over time by building it into the monthly SAAS payments.

[IceColdBeer]

Low margin Grocers????  You're kidding right, as they make record profits, they are low margin grocers.  Terrible post.

[lscfa]

Do more dd, dummy.   "Overall, a grocery store's profit margins are roughly 1% to 3%"  

[PaperBoi222]

Latest NR is encouraging with latest install. Seems like a no brainer for this technology based on the shortage of employee's  in all industries.  Still Long PB